Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Binance−0.108%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$700.697% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 7 days+0.128%+$13 · spread now −0.108%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.121% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXSUSDT | 1.0763 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $6.1M | $10.1M | 75x |
| Short | BingX AXS-USDT | 1.0751 | 0.0100 | get 0.0050% / 4h | 1h 11m | — | $2.6M | — |
Binance AXSUSDT
BingX AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.108% → +0.012%
- −$12.09
- Slippage, 4 orders
- −$49.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$81.75
- Costs to cover
- 0.697%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 0.93 bp | 13.3 bp −$13 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.19 bp | 21.7 bp −$22 | 47.0 bp −$470 | 349.8 bp −$35.0K | 506.2 bp −$253.1K |
AXS on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.396% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0091% | 4h | 1.0750 | −0.118% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0783 | +0.189% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0768 | +0.050% | $259K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0755 | −0.068% | $74K | $14K | 10x | as long as short |
| Binance AXSUSDTlong | +0.0100% | 4h | 1.0763 | long leg | $6.1M | $10.1M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0763 | +0.003% | $3.8M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0763 | +0.003% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0747 | −0.146% | $856K | $954K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0761 | −0.016% | $11.4M | $713K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0750 | −0.118% | $603K | $300K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0760 | −0.025% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0751 | −0.108% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0756 | −0.058% | $37K | $3K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0759 | −0.038% | $764K | $874K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0750 | −0.118% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0755 | −0.071% | $746 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0751 | −0.112% | $7K | $244K | 10x | as long as short |
| BloFin AXS-USDT | +0.0118% | 4h | 1.0749 | −0.127% | $280K | $23K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0359% | 1h | 1.0771 | +0.075% | $140K | $345K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD